Next IMF tranche under EFF program could be in May

Next IMF tranche under EFF program could be in May

Following the decision of the International Monetary Fund (IMF) to issue the fourth tranche of the loan under the EFF program in the amount of $1 billion, Ukraine plans to obtain three more tranches by the end of 2017, in particular the next one in May, Minister of Finance Oleksandr Danyliuk said on the air of Channel Five.The minister specified all the funds of the fourth tranche will go to the reserves of the National Bank.

On the eve the IMF Board approved allocation of $1 bln tranche to Ukraine.